Latest Ford Motor Co News

Ford invests in electric vehicle battery recycling company

Sep. 22, 2021 08:38 AM EDT

DEARBORN, Mich. (AP) — Ford Motor Co. is investing $50 million in an upstart electric vehicle battery recycling company as the automaker moves to shore up its U.S. battery supply chain. The Dearborn, Michigan, automaker will invest in Redwood Materials, a Nevada-based...

GM says production starts on replacement batteries for Bolts

Sep. 20, 2021 15:26 PM EDT

General Motors said Monday that production has resumed for battery modules used in recalled Chevrolet Bolt electric vehicles, and customers could start getting replacement parts by mid-October. GM said supplier LG has restarted production at plants in Holland and Hazel...

Ford adding 450 jobs to meet demand for new electric truck

Sep. 16, 2021 16:26 PM EDT

DEARBORN, Mich. (AP) — Ford Motor Co. plans to spend $250 million and add 450 jobs at three Michigan plants to meet demand for the new F-150 Lightning. Ford already has taken more than 150,000 reservations for the new electric version of its immensely popular F-150...

Ford sending $500 checks to evacuated Flat Rock households

Sep. 14, 2021 21:11 PM EDT

FLAT ROCK, Mich. (AP) — Ford Motor Co. will send $500 checks to every household that was evacuated from a southeastern Michigan city because of a gasoline leak from the automaker’s plant into the community’s sewer system, representatives said Tuesday. The checks...

After exiting Brazil, Ford pulls plug on production in India

Sep. 09, 2021 09:49 AM EDT

Ford will cease auto production in India after logging accumulated operating losses of more than $2 billion over the past 10 years. An end to production in India comes less than a year after Ford said it would close its three plants in Brazil, ceasing operations in a...

Sherwin-Williams, PulteGroup fall; Perrigo, Kadmon rise

Sep. 08, 2021 17:38 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Sherwin-Williams Co., down $6.15 to $296.69. The paint and coatings maker cut its third-quarter sales forecast because of supply chain problems and higher costs....

Ford hires exec formerly in charge of Apple's car project

Sep. 07, 2021 18:25 PM EDT

NEW YORK (AP) — Ford Motor Co. has hired a former executive from Apple and Tesla to be the company's head of advanced technology and new embedded systems, a critical post as the auto industry moves to adopt vehicles powered by electricity and guided by computers. Before...

Risks ease from gas leak but people still out of homes

Sep. 06, 2021 17:12 PM EDT

FLAT ROCK, Mich. (AP) — Organizers on Monday canceled a popular two-day festival that was planned for next weekend, part of the fallout from a gasoline leak in the sewer system that was traced to a Ford Motor Co. factory in southeastern Michigan. The factory, which...

Until 2023? Parts shortage will keep auto prices sky-high

Sep. 05, 2021 09:21 AM EDT

TOLEDO, Ohio (AP) — Back in the spring, a shortage of computer chips that had sent auto prices soaring appeared, finally, to be easing. Some relief for consumers seemed to be in sight. That hope has now dimmed. A surge in COVID-19 cases from the delta variant in several...

Ford plant caused benzene vapor in Detroit suburb's sewers

Sep. 04, 2021 12:53 PM EDT

FLAT ROCK, Mich. (AP) — A Ford plant is the source of benzene vapor in sewers that forced the evacuation of 10 homes and a school in the Detroit suburb of Flat Rock, according to state and company officials. The Michigan Department of Environment, Great Lakes, and...